April 11, 2008
Colleges Curtail Costs but Rarely Count How Much They Have Saved, Report Says
When Sean M. McGoldrick began his new job as assistant vice president for facilities management at Minnesota State University at Mankato several years ago, he was confounded as to why the institution purchased natural gas at whatever rate it was selling for that day.
He began watching natural-gas markets and started buying one- and two-year contracts for the university when prices looked low. His first year he saved the university about $700,000, he said.
As higher-education
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